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called the cost of any quality three decades of the super rich and the economy. are we living in a time of economic inequality and is that important? >> guest: we are indeed the gap between the rich and the poor stands at the mere historical levels, not just in the united kingdom but even more so in the united states and across the majority of the rich world. these countries have been getting much more unequaled since the 1970's and in some countries particularly the united kingdom and the united states now back to the kind of income the gaps that we saw in the pre-war iraq. i mean in the united kingdom, we are back to the sort of levels of any quality of the 1930's and in the united states we are back to inequality of the 1920's. so this is a remarkable switch. we have a long period of equalization. the great leveling as historians have to find it in the post war era to the 1970's and then that whole process has gone into reverse. we have simply gone backwards to where we were eda, 90 years ago. >> host: some would call that leveling the redistribution. >> guest: some of it was a redis
of the strongest parts of our struggling economy? hi, eryone, i'm brenda butner. the bulls and bears this week. gary b. ith, toeben smith, jonas, john layfield along with susan ox. welcome to everybody. okay, gary b., you say all this snooping could shock the one part of the economy that's actually growing? how so? >> absolutely, brenda. look, i'm going to call this the nsa tax, if you will. you know, we have the e-commerce segment o our gdp is about $269 billion. it's growing the faest of any retail segment that we have out there. in fact, it's probably,if you look back over the last few year really supplied the bulk of the job and growth and innovation in the retail sector. if people now are afraid to go online, and they ar i mean, they've been aaid in the past. you know, credit cards and stuff like that. this is only going to exacerbate it. if that industry starts to shrink,oh, boy, the economy is really going to suffer. >> jonas, you say consumers are going to get used to it afte a little while. >> i don't think it's going to change shopping behavior. the other day, you can save 3% on some
, a world economy in turmoil. derail america's economic comeback. christine romans has answers. "your money" starts right now. >>> another week of volatility in the markets. the reason, we global unrest and uncertainty about the fed's role in propping up the economy. i'm christine romans, this is your money. from space, earth appears peaceful. take a closer look. while signs point a u.s. economy ready to take off, the rest of the world is struggling to take flight. riots in turkey. slowing growth in china. unrest over harsh cuts in greece. from extreme greed to extreme fear. concerns over a global recession already creating volatility for investors. this week saw the biggest single day decline on the dow this year. >> i would give our economy a b to b plus. >> the other guy getting a d is dragging us down. >> why might you not be feeling optimistic? housing prices on the rise. less unemployment numbers. but will the u.s. be dragged down by a world economy in turmoil. >>> want to bring in keith, ceo of risk management and michelle myers, from bank of america. let me start with you, keith. yo
and contacts. andn a good economy, it helps us get a job. the's a reason that tuition continues to ris parents and kidsee there's a real value to having a degree by your name. i think we've got to recognize it's not the education. we get something entirely different of vlue from going to college. >> mike, there's another reason why collegeuition is going up, and that's the government, right? >> well, that's ght. first of all, it sound like john and i shared the same type of college experience. but yes, you'rebsolutely rig. the reason why fewer graduates are earning a return onheir investment or their parents' investment is because government subsidies have raised the tuition of college. and at the same time, david, this is the worst economic recovery we've had snce the depression. so it's haer to earn that return. >> but steve forbes, even if a down economy, and we a growin at anemic rates, the mart still provides some answers, doesn't it? >> it does, david. and what we have here says more about our dysfunctional government than it does about lleges, if this guy can make that kindof m and have
/3 of the economy. the treasury department said that the shortfall was more than 25%. it's part of the reason that stoo standard & poors raised the rating of the u.s. to stable. the product line of the mobile operating system at the annual developer's conference, the software will be developed this fall, and has easier sharing of photos. it's a nervous week for the markets for sure. worries about the federal reserve and other concerns, do you stand pat or make changes in your portfolio. good to see you both here. thank you for joining us. let's talk about this week, rebecca, it felt like there was a change in feeling this week, we know the fed will stop at some point, but really, really volatile markets. up 200, down 200 and then a big bounce back on thursday. were you surprised at the volatility this week? >> a little bit, yeah. we all knew this day would come, but we never knew what it would feel like, because we have never lived through anything like this before. the easing and the monetary policy in u.s., across europe and japan is something that there's no precedent for. we knew there wo
contributes to gdp and makes up more than two-thirds of the u.s. economy. america is on track with the smallest deficit for five years. the -- a fall of more than 25%. a reason standard and poor's raised the credit rating from negative to stable. a the software will he easier photo sharing and it's siri voice activation software. >> the dow losing streak, bond yields rising, worries about the federal reserve. what to do, stand pat? joining me right now, the chief investment officer, and jason, chief investment officer. thank you so much. so, rebecca, not like their there was change in sentiment this week. now we know the fed is going to stop at some point, but really, really volatile markets. up 200, down 200, then a big bounceback on thursday. were you surprised? >> a little bit. we all knew the day would come butl the quantitative easing, the monetary policy in the u.s. and europe and japan, something there's no precedent for. so we knew there would be some sort of market reaction when the tone started to change, but this is bigger than most people expected. >> what does the
: they just thought by designing the system, by putting the -- under a collective economy they could bring great results. [speaking mandarin chinese] >> translator: they are stripped everybody's freedom. [speaking mandarin chinese] >> translator: nobody has a freedom to find food . >> to grow food. >> translator: to grow them and find food according to their own effort. >> so they collectivized -- they collectivized farming. [speaking mandarin chinese] >> took away the incentive to grow -- [speaking mandarin chinese] >> translator: dismantled individuals and individual house hold as production units. >> there was grain in the agricultural areas, but it got sent away; correct? [speaking mandarin chinese] >> translator: the grain production is -- [inaudible] the grain production was rejuiced by huge -- reduced by a huge amount. they took away the incentive, as you said of production. >> they also took it away. the grain itself? correct? they took it to the city. [speaking mandarin chinese] >> translator: so the government simply took away the harvest, the yields of all of it. [speaking manda
effect. >> i want to get your take tot economy broad lly speaking, lisn to the former ceo of ge. >> things are not bad, things are not bad. this is a 2% he economy. it's not a disaster. it's a 2% economy and we will not create enough jobs with this level of economy to get out of the 7s. >> so 2% economy. do you think the market is ahead of itself knowing we are in a 2% grower? >> personally, i don't think so, the phrase we have been using is tina, there's no alternative. and i agree with rebecca, that you are not in a situation where you are going to be getting high real rates from bonds. i think the back up in bond yields was a reminder that you can lose money, particularly in bond funds. so it's a very strong environment. i think, it's a strong reminder that equities are an important part of the total return that investors are seeking. >> and i think one of the good things that he said about unemployment rate and it not coming down quickly. you know, consumers doing well, businesses are still cautious and we are in a global economy and a lot of u.s. companies today, depend on
and our economy from early childhood development. he has proven time and time again and he will tell any group willing to listen that every dollar we invest can yield savings of more than seven dollars down the road by improving school achievement and graduation rates while reducing problems like teen pregnancy and crime. some of the answer does lie with government. like president obama's proposal to expand access to high-quality preschool. but there is also a responsibility that has to be met by parents and families, businesses and communities who are at the center of this challenge. i want to applaud the commitment progress and the ways he is going to be modeling, along with goldman sachs and other partners, new ways to finance early education for some of our most vulnerable children. the so-called social impact bonds can be an important innovation for the early learning community and the broader impact investing community. i also want to recognize the commitment by the david and laura maras foundation and its partners to create networks of child care and early learning providers that
the financial system and the economy did it exist to support. this is at the center of "masters of nothing," the book we're launching this week. because throughout her life, lady bacher passionately believe capitalism was not only the effect this form of economic organization ever invented, but also the most moral. today, the first of those points is almost undisputed and we should all be grateful to the market liberals of west and east, who in free the peoples of the former communist bloc restocked in turkey so liberated billions in china and india and indonesia in beyond, from grinding poverty and prove once and for all that free markets are the greatest source of prosperity ever known to man. but the free market is a world force of good is less well understood and its moral authority hinges on two crucial factors. first, free-market airfare because we were disproportionate to effort. when markets work, those who prosper and work hard and risk their capital to succeed in making other people's lives, their customers lives better. for most people, fairness is a form of reciprocity that she
at the economy at large this commission has seen a last year increase in the activity. we've seen employment is up and property values are up the economy is much better than it was when the deferral fees were started. now are the deferrals still needed for it's hard to argue that the program then is needed like it was then. it's still an important thing in our tool kit if the economy would go south. there's no harm in providing industry and housing. in fact, once there was an initially period where the fees were being deferred and we are were not collecting any impact fees but the initial years are past and we have a regular stream of funding and the hard part of the program has been over. the case bruce before you said if the program were to say used we recommend are modifications standardizing the down payment it's 15 percent in parts of the city and 20 percent in others. we would recommend eliminating the seed fund. we learned that the down payment helps with the initial planning on the one hand on how we spend on infrastructure but the seed program is not as effective. and lastly we reco
he grew up. he grew up a blighted -- i shouldn't say blighted, limited, rustic economy. he. s to blow that up through canals, railroads, steam boats, things that connect those backwoods to the markets so we have a more diverse economy where people with diverse interests and tall ens have various ways to rise. the other element of it is opposition to slavery. obviously, it blights the opportunity of an entire class of people by definition and also blights the opportunity of poor whites in south who can't compete with the plantations that have the advantage, the brutal and horrible advantage of being anyone to used forced gang labor, which is awful, but is highly efficient. slave states are places that poor white people remove from, rather than go to, which was true. so the civil war fundamentally for him was about preserving our free institutions that guaranteed opportunity. >> it's so interesting because the economic part of this is at a time of great expansion in the country, prior to the civil war, there was recognition that the extension of slavery into the free states was the grea
economy has done better. we build bigger, stronger fences. john: as the border patrol now we are here? >> oh, yes. john: an hour later they showed up. >> filming a segment. i intend donald -- ten donnelly. john: after that the left them one. once more fences. >> is this your ideal fans? >> ts is good. it forces people w wantt to smuggle something to go to a high point where law-enforcement border patrol ents can easil see they have been interdicted. we ought t secure it. john: a problem with the current fans. >> here is this biggeffective miti dance. impervious, scalable. then all the suddenn it just hands. is right here is absurd. >> despite the billions we have spent, there are still lots of balls in the fen. especially the older part. >> ts looks like a pretty good-sized already your. >> this is an area that we have volunteers who came down with welding track and well that up these holes. i mean, it is patchwo. >> i'm touching mexico. john: not that hard to get over the fence. drug dealers build ramps. this carappens to get stuck. kennedy found it was pretty easy to climb the fence
. today, san francisco's economy is recovering. our unemployment rate has dropped from 9.6 percent when i first came into office in 2011, to an astonishing 5.4 percent today. [ applause ] we put san franciscans back to work and gave them back the dignity of a paycheck so that they could support their families. but it is still not good enough. and i will remain focused on making sure that no one is left behind. that is why we created programs like tech sf to insure that our long term unploid and youth have access to education, training, and job placement assistance. we have already trained and packed scores of people in technology jobs and the first graduation is this june. last summer, i proudly joined mayor pelosi to take up president obama's challenge of taking up summer jobs for activities for at risk youth and we surpassed our own goal, we got 5,201 summer jobs for kids last summer. the summer jobs plus program and now thanks to another great partnership with the united way this summer. we are working even harder to make sure that we find the paid job opportunities for 6,000 youth in
that the economy looks a lot better; there's a lot of other companies that want to move here. unemployment rate has dropped to 5.4%, we are on a good roll in terms of employing more people. resources are up. we are not completely over the deficit that we're facing with the next two years so we have to do some decision-making. the other thing that the board of supervisors is doing with as is, the reason why we hold these meetings out here is because we want to do as much preventing of arguing among ourselves about what the priorities are in the city. we do still a little bit of that. it is nice to have the import of the public to guide us so that we have less arguments and more about building consensus of what's important in the city. the other thing that we are doing together is already evidenced, is that we're making sure that job creation reaches everybody in the city so this summer we are going to create together with the departments in the private sector, 6000 paying jobs for our youth. about thatthis is how we invest in our kids and our families, making sure that our city is safe, the ec
will further drive up the cost to both the economy and to civil society. we are demanding to maintain an effective status quo which is simply not an option. the current rate of coalition costs an average of 23 million dollars a year not including legal and administrative costs. apart from the terrible human toll -- the actual rental value of the land use for polk's on street parking suppression three -- the year. the city collects -- for parking on polk so we are subsidizing almost 1,000,000 dollars a year to the very few who get there by car. it has the potential to become the prime destination for san franciscans and visitors alike. it's a wonderful opportunity that we won't have again for another 30 years. if we ignore the trend about future needs, will not be able to maintain a competitive edge and liability. finally a part of the local economy that is overlooked in the street fight are the many workers who are lifeblood of districts two and three and other parts of san francisco who are the lifeblood. they tend to our businesses, are homes and public institutions and our c
and singapore. so we were number one anymore, blue number three against pretty dynamic economies. over the last 13 years, with now dropped down to number 18. when people ask what is wrong with the economy, why do we have such high unemployment? y has disposable income per capita basis, why is that decline in house over the last 10 years? the answer is right there. we are less free today than we were 13 years ago. as are economic freedom declines, government regulation increase, taxes increased, the engine that is the basis for our prosperity, which is business is lessened and prosperity is therefore declining as well. as economic freedom does not come so does prosperity. so if the business people are willing to speak up for free enterprise capitalism, we can expect economic freedom to continue to lesson in american press verity will continue to lesson as well. we are far from a free enterprise capitalist system anymore. we are moved towards a crony capitalistic system, where we've got a government and big business often times colluding with each other. the great example is the fiscal cliff bill
to be there on this path. >> issues at the forefront of people's minds are economy and unemployment. iran has a young population that is highly educated, but many are struggling to find jobs. >> hassan rouhani is not new to politics and is an outspoken critic of ahmadinejad. his election in 2005 he resigned from his post. >> i expect him to at least record -- restore the economic situation to what it was eight years ago. i live in my country and i expect to live in my country comfortably. >> i wanted economy to be fixed. that is one of the most important problems. i used to be a shopkeeper, but i quit. is note hassan rouhani the -- >> if we want to choose a way to develop a country and ensure the welfare of the people and establish peace and stability, there is no better way than enforcing the law and remaining committed to the law. >> hassan rouhani is a longtime friend of the man who holds the real power in iran, the supreme leader. while he says he wants to reach out by getting away from extremism in foreign-policy, he has almost -- also promised there will be no surrender to western demands. a ra
economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. >>> i've been dreaming of this moment since i was 10 years old. >> and geoff ogilvy survives. >> tom kite at last has won his first major championship. the u.s. open. >> an unreal performance from rory mcilroy. >> united states open champion. >> sensational rally in open golf history. >> webb simpson is the 2012 united states open champion. >> a three-shot victory for lee trevino. >> first australian to win the open. >> i guess patience and hard work, i guess it pays off. >> the older you get, the more thrilling it gets because the harder it gets. >> the third open championship. >> and justin rose just a couple of moments from getting his arms around that trophy as well. easy tap-in, the look to the sky and justin rose has won the u.s. open championship at merion. only playe
, even though the economy is growing. too many families feel like they're working working harder and still can't get ahead. inequality is still growing in our society. too many young people aren't sure whether they will be able to match the living standards of parents. we have too many kids in poverty in this country still. there are some basic steps we can take to strengthen the position of working people in this country to help our , to make sureter it's more competitive, and some of that requires political will. some of it requires an abiding passion for making sure everyone in this country has a fair shot area but it also requires good economists. i know it is called the dismal science, but i don't find it at dismal. i think it is actually pretty interesting. staffmes the rest of my thinks obamas getting together with his economists and they're going to have a wonk fest for the next hour, but this stuff matters. in termsa difference of whether or not people get a chance at life and how we optimize this opportunity. everyone gets a caring fornd we are the vulnerable and disabl
is making out, you know, like a bandit and what i found is we basically had been living in two economies in this country for the last ten years. there's the economy where you and i know where people are hard pressed jobs are tight and money is tight and then there's the healthcare economy where everybody is doing really well except maybe the nurses and the doctors but the people that sell the equipment, the people that make the drugs, the people that run the allegedly nonprofit hospitals are all making ridiculous amounts of money. >> so you mean the doctors who spend 12, sometimes 15 years just preparing to be a doctor are making less money. >> far less unless they got in the system so they started a clinic where they can send patients or they're consulting for a drug company, they're not making the big bucks. the guys who make the cat scan equipment or the pharmaceutical sales men and executive, the hospital administrators, your local nonprofit hospital without even knowing it, i can tell you that the guy who runs your local hospital in little rock makes well over $1,000,000 and a half
've had cranes everywhere we don't know if it's at the economy. i'm not sure but the best way through feedback or the survey for developers when they apply for the program would be useful. 98 percent sounds like it's high. i think it would be useful to have that information it would be hard for people to support it if the future >> as you know the program is ending shortly maybe this is a little bit lost but our staff implementation staff is working hard to project the incoming projects. this come from the data from the pipeline and when we'll get the fund and their matching that with granting and other implementation work. in large work we're doing the forecasting and making sure we have the projects on the ground >> does this money get leveraged to do the other sources or. >> commissioner. >> ms. rogers i don't know of . t the subject area is in the higher areas the shipyard generally at the northeast portion of the site both of them at the higher = vacations of the shipyard. the shipyard is generally not under the land use or the commission apparently but the approval of the sh
dependent on our tourism economy but we don't want to show labor strife to visitors when they come here; that is counterproductive to all that we want to accomplish so i hope the message has been sent that we are pleased that metro did well and getting such high marks; we hope that these issues can be worked out and resolve as we go through the negotiations moving forward. >> i think we want to say what commissioner adams already said, the port commission is not the place to resolve these issues, we are not stakeholders and that. we hope that that will be the case, would not see that -- we are not in a position to judge as to what the term should be but we do expect that you will tell us how you can resolve these issues the two parties going forward. all those in favor? aye. resolution number 1325 has been approved. thank you. >> item 12, new business. >> commissioners i have an item from commissioner brandon on the youth employment coming back from an earlier discussion. any other items a request? >> small one. i want to convey a message from some of the people that travel to c
in our society, economy, the central essence that we face today as a challenge is how do we keep america that special place unlike any other in human history. the reason is because, though our rights come from god, as our founding documents state, those rights have not always been respected and human nature has shown a willingness to violate them or deny them. we fight against those headwinds in america every day and this is in contrast to what most of human history look like. tomorrow -- to most of us who are influenced heavily by it, it is especially challenging, a time where we are told we should silence our phase were separated from how we express ourselves in the political process. this coalition of faith and freedom gets it right in the sense that faith and freedom are intertwined. for americans, it is. what i hope to do in the next few minutes is not to -- just to advocate you stay involved but encourage you to do more. i think we are called to do more in that regard. knowing the diversity of faith in this room today, i will rely on my personal fate, the christian faith, for guida
that ultimately drives value to the american economy. our customer, i can completely agree with what shannon said in terms of our business objective, so to speak, is to empower entrepreneurs and innovators, to create jobs. that's a metric of success, not revenue generated per data set or some other per ifervance metric. the other piece of that looking back to the example of weather and gps, my monetization, is that together they contribute $100 billion to the american economy last year. last year alone from just those two data liberations. so, that is the way in which we are approaching from a strategy perspective, the ultimate impact to our customers. >> one super quick. one thing the city of san francisco or big cities or federal, right, the other smaller cities, smaller cities have smaller budgets. having a structure to support all this open data takes a lot of money. so, when these small cities are thinking about this, they should think about a way of somehow equalizing because they are putting into having these open data team, right? so, what does make sense? this is kind of an open question
. trade and the economy on the agenda. >>> a flight headed to the u.s. forced to stop because of a threat. ahead, new details and video about a flight grounded for hours. >>> video that is so painful to watch. how a pitcher is doing after taking a hit from a very fast-moving ball. >> ouch! and on the air, also online this morning. remember, you can join the conversation on twitter and facebook, just search news 4 today to find us, and we are coming right back. stay with us. >>> investigators trying to determine what suspicious substance caused six border protection officers to get sick. the incident happened yesterday morning along the canada/u.s. border in new york. the u.s. customs and border protection agency say the officers got sick after searching a car and found the substance. hazmat teams brought in to investigate. the driver, taken into custody. six officers had to be treated but later released from the hospital. >>> an egypt air flight landed in new york after it was diverted because of threat. passengers reunited with families. the flight from cairo it new york had to stop in s
's economy is coming back. chris: but will we still see those nbc pictures of people racing across the border at night? >> not -- not for a while. chris: not for a while. that means the law works. >> we will get the bill. but there are concerns that the number of visas for farmer workers is going to be revised down that we will see more once the economy picks up. >> i think they will get something through but it will be that unforeseen consequences problem that people will watch for the next several years. what will the impacts be that aren't part of what the discussion is? >> we will get a bill. the balance mere is between a pathway to citizenship and border security. we'll probably get more emphasis on border security to get the bill passed. chris: why should a republican vote for this? >> jeb bush and haley barbour gave a reason this week. because it's pro growth. chris: ok. great. >> you need immigrants in america to foster growth. chris: thanks for a great roundtable. getting near the end here on this show. chuck todd. katty kay. kelly o'donnell and david ignatius. that's the show. thank
that the u.s. economy is on the road to recovery. baby boomers are fueling rv sales. the motor home business hit a detour during the last ut now r vehicle sales apparently are up over the years. so what does this mean for the larger economy? let's bring back brenda buttner, senior business correspondent and anchor of "bulls and bears." thanks for coming back. >> absolutely. >> what is driving these numbers? they're up over the past year. >> they're up tremendously. right now nine million american households own rvs, that's the highest level ever. it's a $14 billion market in the u.s. but essentially you need a lot of confidence to buy a gas guzzling home on wheels. so what this is basically saying is that consumers are confident. essentially rv sales, they kind of anticipate a recession, but they also can foreshadow a recovery. so these sales show that perhaps we're on the road to recovery. >> because when sales bottomed out, it was due to a number of factors. like gas prices -- >> yeah. they didn't just bottom out. they went over a cliff from 2006 to 2009 motor homes, rv sales, fell 60%. th
and the economy, an energy conference titled transitioning to a clean energy future. before the conference started at a time he was expected in sacramento, our hidden camera spotted him mingling with guests in the conference center, the day officially started with a lunch at noon, this seat on the patio taking priority over the chair at the capital. invited guests include top level private sector executives. a utility pv regulate and in the ironic category, more than two dozen sacramento lawmakers also attended the conference. at 1:30, a full two and a half hours after he was scheduled to speak in sacramento mr. peevey gave his presentation at the conference. after four hours of conference sessions, it was time to board luxury buses for a 30 minute drive through the valley and then dinner, a private event in the winery in napa valley. we can seat up to 110 gegss -- >> for three hours mr. peevey stayed inside the winery along with more than 100 guests. >> mr. peevey, tony kovaleski, do you have a moment? we met mr. peevey outside the winery. >> what's the message you spent by coming here to napa in
five weeks after that the economy completely crashed. my plan -- and i'm absolutely dogmatic about my plans --were delayed slightly. i would say that in this very difficult timefor the arts and everyone, especially the arts, it's phenomenal how new century has grown where many unfortunate organizations have stopped. during this period we got ourselves on national radio presence; we started touring, releasing cds, a dvd. we continue to tour. reputation grows and grows and grows and it has never stopped going forward. msk(music) >> the bay area knows the orchestra. you maybe take things for granted a little bit. that is simply not the case will go on the road. the audiences go crazy. they don't see vitality like this on stage. we are capable of conveying joy when we play. msk(music) >> any performance that we do, that a program, that will be something on the program that you haven't heard before. string orchestra repertoire is pretty small. i used to be boxed into small repertoire. i kept constantly looking for new repertoire and commissioning new arrangements. if you look at the first
cannot let this happen because of the economy that the entire issue kind of blew up. agreement whend it is clear that there are political point to be had for keeping your own site? >> there are also political points to be had for having success here. i am surprised that the white house has not recognized how similar the proposals are in said "let's get this done and have a bipartisan issue and move it off the table." can doill hopeful we that. the senate has not been successful in their short-term three forward -- 3.4% to your solution of finding someone to pay for it. this is the direction we are continuing to work for. republicans are very much committed to this approach. it should not be that difficult to do considering the white house on paper position he has a proposal. i mean there is still room. it is early june. >> according to the national journey, if they have objected to the bill because it is the " largest interest-rate increases on middle income students and families families who struggle most to afford a college education." >> i find it interesting that the white house
a rational and positive immigration program will choke this economy. it's not a good idea. >> it will be good for every worker here. every day we wait is a day we've lost. >> how about that? youhen the is the last time saw those two on the same page? >> i think it was the united way mable for the nationals redskins parade and that's it. >> quite bluntly to put it in political terms. the senator from arizona says this makes it difficult for republicans to compete nationwide and state by state. it's tough to compete for people's votes on any issue when they believe you don't like them and that's where the republicans are right now. and john boehner has a real problem because you saw what they did last week. with steve cain in the lead from iowa they repealed the dream act which is enormously popular and hurt republicans in the 2012 election and i don't think it argues well for the immigration in the house. >> you don't think this thing is going to make it? >> right now i think what boehner wants to do is get the house judiciary committee to break it up bit sizes to pass something so he doesn't
, wayne? >> the problem here is more fundamental, eric. we have essentially a fascist economy in which big-- i mean jonathan is promoting oh, you've go to get big. well, that's wrong. you've got small. you've got big government, big business and big labor, and they're all in cahoots. and lien, verizondidn't do this on their own. the government leases that line. they provided the financing to verizon. the government and verizon are hand and glove. the government and ge are hand and glove. it's going to control6 of the banking. everybody is too big. and that's what's wrong. we have essentially a fascist econonomy. >> go ahd, jonathan. >> verizon's done nothing. you're all dumping verizon. they've done absutely nothing. and wayne, you want a small phone company? great. put two tin cans together. a schmoll phone company will not be able to serve anyone. >> oh, please, give me a break. you don't know what the hell you're talking about. you're shooting your mouth off about something you do not know. >> hold on. hold on. tracy, jonathan says verizon has donenothing. as far i understand -- >> th
with education is the cost routinely does this, it is the only area in the united states economy that has been exempt from the productivity magic in the last 20 years. because cost is doing this and quality is going nowhere in the education of the united states. we combined with georgia tech and the company and announced georgia tech will be launching a fully accredited program in computer science, a masters in which todayience. costs $40,000. next year, we will be introducing this degree for $7,000. i think $7,000 is high, but we can debate that. if the technical credential degree can be introduced at 20% of the cost, why cannot not be moved into secondary education, and why canication? that not be exported to sub- saharan africa and begin to introduce the highest quality education programs in the world entities developing economies. this is world changing, this democratizes education and is a major deal. it is a big deal. >> i am with georgetown, how are you? can you talk about video and how your video platform is doing? >> video is a wireless derived impact as well because when you look at
that we need to keep the economy going et cetera. and so if they really care about america, they understand in the future we need more workers. currently we have workers that don't have documents. whrs when you're undocumented, you're taking advantage after lot of fronts. most employers have good employees. but bad employers pay them less, they don't have benefits, if they get work, they are trashed and out they go. what happens to mter can worker that they also see wages depressed when these bad employers are using these people. if we would legalize these people and if they would have basic rights in the country, we would see all of america rise. >> glenn beck compared this conservative right to the civil rights movement. congressman, what is your response to that? >> that is -- not only -- it is almost harassy for him to make that comparison. in fact, it is. the civil rights movement is about fulfilling people's rights. to make the values of the nation real for all-americans, regardless and comprehensive reform. and it is about extending values to 11 million people here,
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